Question
Which of the following is a committed cost as disclosed
in notes to Balance Sheet?Solution
The contingent liabilities and commitments are disclosed under notes to accounts. The commitments include estimates amounts of contracts to be executed, uncalled liability on shares partly paid and other commitments. Snapshot from study notes of the ixamBee SEBI course covering topic in detail 
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Statement & Inference
Statement: -A restaurant in west Delhi recently held a competition to see who could eat the maximum number of chilli burger...
